Question

find the compound interest when the principal is 7000 the rate of interest is 6% per annum and the period is 2 years​

Answer 1

Answer:

amount=p(1+r/100)^n

=7000(1+6/100)^2

=7000(106/100)^2

=7000×106/100×106/100

=₹7875.2

CI=A-P

=7875.2-7000

=₹875.2

Answer 2

Answer:

hope you got it this is all